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ROI stands for return on incentives
ROI stands for return on incentives. Indicate whether the statement is true or false
Expert Solution
The statement is False. RIO stand for Return on Investment. Return on investment refers to the monetary benefit an individual receives from an investment. Return on investment is calculated by deducting the initial worth of the investment from the final worth of the investment then dividing the results by the investment cost and finally multiplying the results by hundred. Additionally, Return on investment can be increased by investing with things that stay permanently, identifying investments with potential benefits and reducing the cost and increasing revenue among others.
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